Pause in interest rate hikes offers no ‘breather’ to Liberals politically, says pollster

The Conservative and NDP finance critics say the ‘relentless interest hikes’ and rising mortgage rates are creating ‘hardship’ for Canadians, and urge the government to look to other avenues to fight inflation.
On March 8, Bank of Canada Governor Tiff Macklem announced the central bank would hold its trend setting interest rate at 4.5 per cent.

Despite declining inflation and the Bank of Canada’s decision to pause interest rate hikes this week, pollster Greg Lyle says the steep rise in interest rates implemented by the central bank over the past year will continue to pose a significant political challenge for the...

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